NESTLE S A/S (NSRGY) Holdings Cut by Staley Capital Advisers Inc.

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Staley Capital Advisers Inc. lowered its holdings in shares of NESTLE S A/S (OTCMKTS:NSRGY) by 13.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 178,400 shares of the company’s stock after selling 28,330 shares during the quarter. Staley Capital Advisers Inc.’s holdings in NESTLE S A/S were worth $14,443,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the business. Windward Capital Management Co. CA lifted its position in shares of NESTLE S A/S by 4.8% in the fourth quarter. Windward Capital Management Co. CA now owns 27,080 shares of the company’s stock valued at $2,192,000 after acquiring an additional 1,228 shares in the last quarter. Wimmer Associates 1 LLC purchased a new position in shares of NESTLE S A/S in the third quarter valued at approximately $810,000. Dearborn Partners LLC lifted its position in shares of NESTLE S A/S by 5.9% in the third quarter. Dearborn Partners LLC now owns 55,095 shares of the company’s stock valued at $4,584,000 after acquiring an additional 3,079 shares in the last quarter. Resources Management Corp CT ADV purchased a new position in shares of NESTLE S A/S in the third quarter valued at approximately $355,000. Finally, Beach Investment Counsel Inc. PA lifted its position in shares of NESTLE S A/S by 92.2% in the fourth quarter. Beach Investment Counsel Inc. PA now owns 219,553 shares of the company’s stock valued at $19,154,000 after acquiring an additional 105,350 shares in the last quarter. Institutional investors own 1.37% of the company’s stock.

OTCMKTS:NSRGY opened at $86.11 on Tuesday. NESTLE S A/S has a one year low of $73.59 and a one year high of $87.46. The company has a quick ratio of 0.57, a current ratio of 0.80 and a debt-to-equity ratio of 0.34. The company has a market capitalization of $268.27 billion, a P/E ratio of 25.25, a P/E/G ratio of 2.16 and a beta of 0.53.

Several equities research analysts recently commented on the company. Zacks Investment Research cut NESTLE S A/S from a “hold” rating to a “sell” rating in a report on Tuesday. UBS Group raised NESTLE S A/S from a “hold” rating to a “buy” rating in a report on Friday, October 19th. Berenberg Bank raised NESTLE S A/S from a “hold” rating to a “buy” rating in a report on Thursday, January 24th. Societe Generale assumed coverage on NESTLE S A/S in a report on Tuesday, January 29th. They issued a “buy” rating for the company. Finally, Morgan Stanley reaffirmed a “buy” rating on shares of NESTLE S A/S in a report on Tuesday, October 16th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and six have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus price target of $96.50.

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About NESTLE S A/S

Nestlé SA, together with its subsidiaries, operates as a food and beverage company. The company operates through Zone Europe, Middle East and North Africa; Zone Americas; Zone Asia, Oceania and sub-Saharan Africa; Nestlé Waters; and Nestlé Nutrition segments. It offers baby foods under the Cerelac, Gerber, Gerber Graduates, NaturNes, and Nestum brands; bottled water under the Nestlé Pure Life, Perrier, Poland Spring, and S.Pellegrino brands; cereals under the Chocapic, Cini Minis, Cookie Crisp, Estrelitas, Fitness, and Nesquik Cereal brands; and chocolate and confectionery products under the Smarties, Cailler, Butterfinger, Crunch, Aero, KitKat, Nestle Toll House, Wonka, and Orion brands.

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Institutional Ownership by Quarter for NESTLE S A/S (OTCMKTS:NSRGY)

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